business

Todd Shipyards Los Angeles Division To Build Four 89,700-Dwt Tankers At A Total Cost Of $136 Million

Todd Shipyards Corporation recently announced that it has signed contracts for the construction of four 89,700-dwt tankers at approximately $34 million per vessel. Two of the tankers will be built for subsidiaries of Overseas Shipholding Group, Inc.

Furness Withy Offers Folder On Group's Structure And Services

Furness Withy, the British group of companies based and managed in the United Kingdom, is offering a free color folder that describes the group's structure and services and gives a glimpse into its wide-ranging interests. Since 1980, these companies

Specialties Cornerstone of Canadian Market

The past decade was a tough one for the Canadian shipbuilding market. It was a decade that produced a decline of both employment and decline of newbuilds, many of which were contracted in the late 1980s still awaiting construction. This unfinished

CREDIT IN THE BUNKER BUSINESS Pitfalls, Problems, Techniques And Solutions

Conference told shipowners are being given "extraordinarily generous" credit terms for bunkers. The average bunker stem in today's shipping industry is around 700 tons per ship with a current value— at $85 per ton— of some $60,000. On an average fleet size of fourteen ships,

 
 
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